- Finnish Government seeking new ways to increase public revenue
- Ministry of Finance proposing amendments to increase standard VAT rates
- Proposed increase in STD VAT rate from 24% to 25.5%
- Impact on retail prices and customer expenditures
- Changes to become effective on September 1, 2024
- Taxable persons should be prepared to act promptly if bill passes Parliament
Source: 1stopvat.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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